Earn Money While Others Playing Using MetaAX – MetaVerse Asset Exchange

March 24 05:21 2022
Shortly MetaAX will establish the first profit-sharing chain of game trade assets where digital game objects and characters may be sold, swapped, or transferred.

When people use MetaAX, they may share in the profits from every transaction made by others who are also using the token, whether on the Ethereum blockchain or through a cryptocurrency exchange platform like PancakeSwap. MetaAX can also be exchanged directly with digital wallets.

To maintain the token’s liquidity and contribute to the growth fund, 3 percent of each token transaction would be redistributed to all existing users. Another 2 percent would be added to the PancakeSwap liquidity pool to ensure that the token remains liquid, and the remaining 1 percent would be contributed to the growth fund.

Since the entire mechanism was designed as a smart contract, all of the procedures were carried out automatically using blockchain technology. With every token transaction, all holders will be rewarded.

Detailed Road Map

The MetaAX token is a community token that is supported by the community as a whole. The objective of the platform is to complete the project in three phases, which the company will do in the following order:

– The PancakeSwap service helps to increase the liquidity of MetaAX.

– Allow for swapping in PancakeSwap.

– Allow for the exchange of information in the Metaverse/games.

Add Liquidity to Your Portfolio and Earn a Profit

Suppose users help with adding a liquidity pair of BNB-MetaAX to PancakeSwap before the end of the stipulated liquidity period. In that case, they will be eligible to get reduced or even free MetaAX tokens and a refund of their contributed BNB tokens (if applicable).

The liquidity pool should be locked to a set amount of time to ensure adequate liquidity available for the trading of MetaAX community tokens. The clients have the option of determining the minimum duration of the lock. The discount on MetaAX will increase according to the length of the locking period.

As a liquidity provider on PancakeSwap, the users will be compensated with trading fees when other users of their liquidity pool utilize their liquidity pool. Trades on PancakeSwap are subject to a 0.25 percent transaction charge, of which 0.17 percent is credited to the liquidity pool of the swap pair in which they were executed.

Using a few words’ explanations, when they purchase the MetaAX token with BNB as a deposit, they receive it at a significant discount. Aside from that, several early bird specials will also be available in limited quantities, so they will want to act quickly!

Discounted Rate of Interest

As stated in the preceding paragraph, to stake a liquidity pair, they must have a specific quantity of BNB and the equal value of the MetaAX token on hand. The discount rates vary depending on the length of time that has passed after the stake was placed. 

Consider the following scenario: if the clients are prepared to lock the BNB in the liquidity pool for one year, they will receive the equivalent net worth of MetaAX for free. It implies that, following the expiration of the locking period, they will be able to recover both BNB tokens and MetaAX tokens from the liquidity pool simultaneously. There are various options for shorter locking durations. If they lock their MetaAX token for six months, they will receive an 80 percent discount on the ticket. The following is a summary of the discount rates available:

● 50% discount if users lock the tokens for 90 days or more.

● 80% discount if users lock the tokens for 180 days or more.

● 100% discount if users lock the tokens for 365 days or more.

MetaAX even collaborates with Game Makers of Steam®.

It is anticipated that MetaAX will be a decentralized platform for applying blockchain technology in the trading and exchange of digital assets. Digital game objects and characters will be able to be sold, swapped, and transferred through MetaAX, which will be the world’s first profit-sharing network of games trading assets.

It is decentralized, transparent, and fair. It provides a great deal of flexibility for creators to personalize their games in several ways, even if they do not have prior blockchain expertise or experience. As a result of the MetaAX platform, they will be able to play their favorite games in the actual world and the blockchain realm. The MetaAX team has already discovered that some of the early adopters in the gaming industry are interested in developing their own game on their platform.

Media Contact
Company Name: MetaAX
Contact Person: Media Relations
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Country: United Kingdom
Website: www.meta-ax.net